1. Currency Conversion Questions

2. Cost of Foreign Currency in U. S. dollars Cost of U. S
Cost of Foreign Currency in U.S. dollars Cost of U.S. Dollar in Foreign Currency May August May August Swedish Krona Japanese Yen Mexican Peso

3. Using the data in the table below, calculate the cost of the following products in U.S. dollars. To solve, divide the cost of the product in the foreign currency by the cost of the U.S. dollar in the foreign currency May October A pound of Swedish Meatballs that costs 30 Krona A hotel room that costs 30,000 Japanese Yen A dinner for 2 that costs 500 Mexican Pesos

4. Calculate how much foreign tourists would have to pay in their currency for an American meal that costs $60. Here, divide the cost in US dollars by the cost of the foreign currency in U.S. dollars May October Krona Yen 7, , Peso

5. Did the value of the dollar appreciate or depreciate against the following currencies between May and August? Appreciate Depreciate Krona x Yen x Peso x